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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 24.99 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Comment by fundamentalinvestoron Oct 23, 2017 10:56am
156 Views
Post# 26844637

RE:RE:Assessment -

RE:RE:Assessment - Date is based on Feasibility being accepted and it was dated October 20th.  Offciially that is the date the clock starts ticking, however HELM would know their position - as everyone has already said - they have been through this with CRE.

Management has been doing their world tour.

It is bringing in all the financing parties and their lawyers that takes the time - as those parties can't be brought in until the Sept 6 announcment.  Speculating here - that is why they got the news release out when they did - to bring more parties in the tent to negotiate.

I think they have new issue to sort out, off take paper, buy in paper, debt financing, new corporation for Rose Project, all the legal that goes along with this.  Major Milestone that supports transition from explorer to developer.

As far as timing goes - just guessing - but I would think between third week of Nov and 1st week of December.  Could be tomorrow for all I know.....just appreciating how much work it takes to pull all that together.  Should be positive.
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